Michael Burry Criticizes AI Leaders’ Call for a Slowdown as Self-Interested

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Release Time: 2026/09/14 14:37:54

Summary

Michael Burry, the investor behind *The Big Short*, criticized AI leaders for advocating a slowdown in development, calling it self-serving. He argued that LLMs are not AI and will not lead to AGI, making a slowdown unnecessary. Burry claimed that slowing progress benefits large firms like OpenAI and Anthropic, harming smaller players and inflating hype for future IPOs. Anthropic’s Dario Amodei, along with Sam Altman, Elon Musk, and Demis Hassabis, supports the slowdown. Market unease has already impacted AI stocks, with NVIDIA, Intel, Micron, and SK Hynix declining. Traders are monitoring altcoins amid shifting sentiment, as the Fear & Greed Index signals caution.

ME AI message, on September 14, Michael Burry, the real-life inspiration behind "The Big Short" and an investor, posted a message questioning the recent calls by AI industry executives to slow down frontier AI development, arguing that such statements clearly serve self-interest and asserting that humanity currently has "nothing to fear." Burry believes that large language models (LLMs) are not equivalent to AI and will not serve as a pathway to artificial general intelligence (AGI), making it unnecessary to slow progress. He also pointed out that slowing AI development would benefit industry giants like OpenAI and Anthropic by helping them consolidate their advantages and suppress smaller competitors; meanwhile, these giants’ constant emphasis on AI posing "existential risks to humanity" may further fuel market hype to create momentum for future IPOs and fundraising. Burry has previously warned multiple times about issues in the AI industry, including overinvestment in infrastructure, aggressive accounting, hidden debt, and circular financing. This statement comes at a time when Anthropic’s CEO Dario Amodei has called for the industry to "slow down AI development," with OpenAI’s CEO Sam Altman, xAI’s CEO Elon Musk, and Google DeepMind’s CEO Demis Hassabis subsequently expressing support. In the market, concerns over slowed AI progress have already begun impacting related stocks: NVIDIA dropped nearly 3% in pre-market trading on Monday, while Intel, Micron, and SK Hynix all fell more than 5%. Burry, however, believes that for now, LLMs like Claude and ChatGPT lack true reasoning capabilities—“there’s nothing to fear.” (Source: MLion)

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